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NYSE:CWT

California Water Service Group (CWT) Stock Price, News & Analysis

$52.90
+0.05 (+0.09%)
(As of 07/26/2024 ET)
Today's Range
$52.38
$53.14
50-Day Range
$46.94
$53.29
52-Week Range
$43.50
$54.85
Volume
204,196 shs
Average Volume
346,351 shs
Market Capitalization
$3.05 billion
P/E Ratio
21.16
Dividend Yield
2.12%
Price Target
$54.25

California Water Service Group MarketRank™ Stock Analysis

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
2.5% Upside
$54.25 Price Target
Short Interest
Healthy
1.00% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
0.43
Upright™ Environmental Score
News Sentiment
0.59mentions of California Water Service Group in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$252,785 Sold Last Quarter
Proj. Earnings Growth
-24.44%
From $3.15 to $2.38 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.25 out of 5 stars

Utilities Sector

28th out of 90 stocks

Water Supply Industry

3rd out of 12 stocks

CWT stock logo

About California Water Service Group Stock (NYSE:CWT)

California Water Service Group, through its subsidiaries, provides water utility and other related services in California, Washington, New Mexico, Hawaii, and Texas. The company is involved in the production, purchase, storage, treatment, testing, distribution, and sale of water for domestic, industrial, public, and irrigation uses, as well as for fire protection services. It offers its services to approximately 497,700 customer connections in 100 California communities; approximately 6,500 water and wastewater customer connections on the islands of Maui, Oahu, and Hawaii; approximately 38,000 customer connections in the Tacoma, Olympia, Graham, Spanaway, Puyallup, Rainier, Yelm, and Gig Harbor areas; and approximately 11,400 water and wastewater customer connections in Rio Communities, Rio Del Oro, Meadow Lake, Indian Hills, Squaw Valley, Elephant Butte, Morningstar, Sandia Knolls, Juan Tomas, and Cypress Gardens systems. The company also engages in the provision of non-regulated water-related services, including operating of municipally owned water systems, privately owned water, and recycled water distribution systems; water system operation, meter reading, and billing services to private companies and municipalities; leasing of communication antenna sites on its properties; and billing of optional third-party insurance programs to its residential customers. In addition, it provides lab, wastewater collection, and treatment services. California Water Service Group was founded in 1926 and is headquartered in San Jose, California.

CWT Stock Price History

CWT Stock News Headlines

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Company Calendar

Last Earnings
4/25/2024
Ex-Dividend for 5/17 Dividend
5/03/2024
Dividend Payable
5/17/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Water supply
Sub-Industry
Water Utilities
CUSIP
13078810
Employees
1,266
Year Founded
1926

Price Target and Rating

Average Stock Price Target
$54.25
High Stock Price Target
$66.00
Low Stock Price Target
$47.00
Potential Upside/Downside
+2.5%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
4 Analysts

Profitability

Net Income
$51.91 million
Pretax Margin
15.30%

Debt

Sales & Book Value

Annual Sales
$794.63 million
Cash Flow
$3.07 per share
Book Value
$24.78 per share

Miscellaneous

Free Float
57,332,000
Market Cap
$3.06 billion
Optionable
Optionable
Beta
0.48
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Key Executives

  • Mr. Martin A. Kropelnicki (Age 57)
    Chairman, President & CEO
    Comp: $2.57M
  • Mr. Shawn C. Bunting (Age 51)
    Senior VP of Business Development & General Counsel
    Comp: $564.5k
  • Mr. Ronald D. Webb (Age 67)
    VP & Chief Human Resource Officer
    Comp: $507.22k
  • Mr. Michael B. LuuMr. Michael B. Luu (Age 44)
    Senior VP of Corporate Services & Chief Risk Officer
    Comp: $636.9k
  • Mr. James Patrick Lynch (Age 65)
    Senior VP, CFO & Treasurer
  • Mr. Thomas A. Scanlon (Age 61)
    Corporate Controller & Principal Accounting Officer
  • Ms. Shannon C. Dean (Age 56)
    Senior VP of Customer Service & Chief Sustainability Officer
  • Mr. Kenneth G. Jenkins
    Chief Water Resource Sustainability Officer
  • Mr. Todd K. Peters
    Chief Engineering Officer
  • Shilen M. Patel
    Chief Business Development Officer

CWT Stock Analysis - Frequently Asked Questions

How have CWT shares performed this year?

California Water Service Group's stock was trading at $51.87 at the start of the year. Since then, CWT shares have increased by 2.0% and is now trading at $52.92.
View the best growth stocks for 2024 here
.

How were California Water Service Group's earnings last quarter?

California Water Service Group (NYSE:CWT) released its quarterly earnings data on Thursday, April, 25th. The utilities provider reported $1.21 earnings per share for the quarter, beating the consensus estimate of $0.21 by $1.00. The firm's quarterly revenue was up 106.5% on a year-over-year basis.

What is Martin Kropelnicki's approval rating as California Water Service Group's CEO?

14 employees have rated California Water Service Group Chief Executive Officer Martin Kropelnicki on Glassdoor.com. Martin Kropelnicki has an approval rating of 100% among the company's employees. This puts Martin Kropelnicki in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Who are California Water Service Group's major shareholders?

California Water Service Group's top institutional shareholders include Bank of New York Mellon Corp (0.99%), Raymond James & Associates (0.42%), Assenagon Asset Management S.A. (0.24%) and Clear Harbor Asset Management LLC (0.10%). Insiders that own company stock include Thomas M Krummel, Lester A Snow, Michael B Luu, David B Healey, Robert J Kuta, Michelle R Mortensen and Lynne P Mcghee.
View institutional ownership trends
.

How do I buy shares of California Water Service Group?

Shares of CWT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of California Water Service Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that California Water Service Group investors own include (NCIT) (NCIT), Ford Motor (F), SJW Group (SJW), American States Water (AWR), Alibaba Group (BABA), Pfizer (PFE) and Consolidated Edison (ED).

This page (NYSE:CWT) was last updated on 7/26/2024 by MarketBeat.com Staff

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